Department of the Treasury

Biden-Harris Administration Award Over $90 Million in American Rescue Plan Funds to Vermont to Increase Internet Access
The US Department of the Treasury approved over $90 million for broadband projects in the state of Vermont under the American Rescue Plan’s (ARPA) Capital Projects Fund (CPF). Vermont will use its funding to connect nearly 14,000 homes and businesses to affordable, high-speed internet. The funding advances the Biden-Harris Administration’s commitment to connecting every American household to affordable, reliable high-speed internet. The 13,818 households and businesses represent 22% of locations still lacking high-speed internet access.

Treasury to Give Over $435 Million in American Rescue Plan Funds to Increase Access to Affordable, High-Speed Internet
The US Department of the Treasury approved broadband projects in an additional group of three states under the American Rescue Plan’s (ARPA) Coronavirus Capital Projects Fund (CPF): Massachusetts, Michigan, and Wisconsin. Together, these states will use their funding to connect more than 91,000 homes and businesses to affordable, high-speed internet. A key priority of the CPF program is to make funding available for reliable, affordable broadband infrastructure.

Treasury Issues Iran General License D-2 to Increase Support for Internet Freedom
The Department of the Treasury issued Iran General License (GL) D-2 to increase support for internet freedom in Iran by bringing US sanctions guidance in line with the changes in modern technology since the issuance of Iran GL D-1. On Sept 21, the Iranian government cut off access to the Internet for most of its 80 million citizens to prevent the world from watching its violent crackdown on peaceful protestors sparked by the brutal death of Mahsa Amini in the custody of Iran’s Morality Police.

Biden-Harris Administration Awards New Hampshire With $66 Million in American Rescue Plan Funds to Increase Broadband Access
The US Department of the Treasury has approved an additional $66 million in broadband funding for New Hampshire under the American Rescue Plan’s Coronavirus Capital Projects Fund (CPF). New Hampshire was among the first four states to receive CPF funding from the Treasury, which approved its first award of $50 million in June.

Treasury Announces Five Additional Capital Projects Fund Awards to Increase Access to Affordable, High-Speed Internet
Connecticut, Indiana, Nebraska, North Dakota, and Arkansas won approval from the Department of the Treasury to use Coronavirus Capital Projects Fund allocations to support broadband infrastructure designed, upon project completion, to deliver reliable internet service that meets or exceeds symmetrical download and upload speeds of 100 megabits per second (Mbps), speeds that are needed for a household with multiple users to simultaneously access the intern

Treasury approves Delaware’s plan to invest $40.3 million in nine libraries to provide communities with public access to the internet
The US Department of the Treasury approved Delaware’s plan to invest $40.3 million of Capital Projects Fund funding in nine libraries to provide communities with public access to the internet and expanded resources. Delaware’s plan states that each of the library projects will provide access to highspeed internet for community members who may lack access in their homes. Capital Projects Fund dollars will be used to construct new or expand existing libraries in Delaware to meet the needs of identified communities.
Treasury Announces Four Additional Capital Projects Fund Awards to Increase Access to Affordable, High-Speed Internet
The US Department of the Treasury announced the approval of an additional group of four states under the American Rescue Plan’s Coronavirus Capital Projects Fund (CPF): Kansas, Maine, Maryland, and Minnesota:
Request for Comment: Ensuring Responsible Development of Digital Assets (Department of the Treasury)
Submitted by Grace Tepper on Tue, 07/12/2022 - 14:55
Treasury Announces First Capital Projects Fund Awards to Increase Access to Affordable, High-Speed Internet
The Department of the Treasury announced the first group of plans approved under the American Rescue Plan’s Coronavirus Capital Projects Fund (CPF). The CPF provides $10 billion to states, territories, freely associated states, and Tribal governments to fund critical capital projects that enable work, education, and health monitoring in response to the public health emergency.